Brisk Technovision (BSE SME)
January 23, 2024 – January 25, 2024
| Price | ₹156 - ₹156 |
| Premium | ₹35 |
|---|---|
| Lot size | 800 |
| Allotment | Jan 29, 2024 |
| Listing | Jan 31, 2024 |
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Subscription
Last updated on 25 Jan 2024 | 05:55:15 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 380000 | 22205600 | 58.44 |
| Retail | 380000 | 13631200 | 35.87 |
| Total | 760000 | 35836800 | 47.15 |
| Total Application : 22,186 | |||
| HNI Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹12.24 | @8% ₹13.99 | @9% ₹15.74 | @10% ₹17.48 | @11% ₹19.23 | @12% ₹20.98 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 800 | 124800 | 475 |
| HNI | 2 | 1600 | 249600 | 475 |
Incorporated in March 2007, Brisk Technovision Limited is a company that specializes in providing information technology solutions to corporate clients in India.
The company's main focus is to offer third-party hardware products such as servers, desktops, personal computers, and laptops, as well as third-party software to Indian corporate customers. In addition, they also provide other services including design, supply, and installation of data centers, enterprise networking management, email management, system integration, and annual maintenance contracts (AMC) for hardware and system maintenance, monitoring, and managed services. Over the last three financial years, the company has shifted its focus towards offering more service offerings.
As of November 30, 2023, the company has 119 employees to manage daily business operations, administration, legal, secretarial, and accounting functions according to their designated duties.
The clients of the company includes Saraswat Bank, Ipca Laboratories, DNS bank, Ambarnath Jaihind Co Op Bank, Bharat Gears, SVC Bank, Inox Air Products, Union Bank of India, Siro, Wockhardt, Zoroastrian Bank, Asian Heart Institute and New Bombay Hospital.
The company has been awarded two certifications: Quality Management System and IT-Infrastructure Management, Information Security Services, and Data Centre Management Services. These certifications are by ISO standards ISO 9001:2015 and 20000:2013, respectively.
As of January 2024, the company has no debt. The company has been profitable with an asset-light business model for over a decade.
Brisk Technovision IPO Details
| Issue Size | 800,000 shares (aggregating up to ₹12.48 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹0.00 Cr) |
| Offer for Sale | 800,000 shares of ₹10 (aggregating up to ₹12.48 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 2,000,000 |
| Share holding post issue | 2,000,000 |
| Market Maker portion | 40,000 shares Nnm Securities |
Brisk Technovision IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the net offer |
| Other Shares Offered | 50% of the net offer |
Brisk Technovision IPO Lead Manager(s)
- Sun Capital Advisory Services (P) Ltd
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 41.56% |
| ROCE | 54.71% |
| Debt/Equity | 0.03 |
| RoNW | 41.56% |
| P/BV | 0 |
Company Financials
Brisk Technovision Limited Financial Information (Restated)
Brisk Technovision Limited's revenue decreased by -16.64% and profit after tax (PAT) rose by 81.58% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | 30 Sep 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 1,423.40 | 679.73 | 661.82 | 562.52 |
| Revenue | 1,577.27 | 1,840.30 | 2,207.63 | 1,691.02 |
| Profit | 152.48 | 198.90 | 109.54 | 14.51 |
| Net Worth | 631.02 | 478.54 | 307.64 | 198.07 |
| Reserves | 431.02 | 278.54 | 107.64 | 197.07 |
| Amount in ₹ Lakhs | ||||
Strength
Weakness
Lead Manager(s)
Address
Brisk Technovision Limited
135, Damji Shamji Industrial Premises CHS Limited,
LBS Marg, Vikhroli (West),
Mumbai-400083,
Phone: 022 2577 5648
Email: secretarial@brisk-india.com
Website: https://brisk-india.com/